Abbreviated Company Accounts - FLY 365 LIMITED

04010990 FLY 365 LIMITED 2014-06-30 false 2013-07-01 2014-06-30 true 04010990 2013-07-01 2014-06-30 04010990 2014-06-30 04010990 2013-06-30 04010990 uk-gaap-cd-bus:Director1 2013-07-01 2014-06-30 04010990 uk-gaap-cd-bus:Director2 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-30 iso4217:GBP shares

Registered Number 04010990

FLY 365 LIMITED

Abbreviated Accounts

30 June 2014

FLY 365 LIMITED Registered Number 04010990

Abbreviated Balance Sheet as at 30 June 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	18,241	20,228
		18,241	20,228
Current assets
Debtors		3,490	-
		3,490	-
Creditors: amounts falling due within one year	3	(20,144)	(26,749)
Net current assets (liabilities)		(16,654)	(26,749)
Total assets less current liabilities		1,587	(6,521)
Creditors: amounts falling due after more than one year	3	(32,949)	(24,114)
Total net assets (liabilities)		(31,362)	(30,635)
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		(31,364)	(30,637)
Shareholders' funds		(31,362)	(30,635)

For the year ending 30 June 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 26 March 2015

And signed on their behalf by:
M HOWLAND, Director

FLY 365 LIMITED Registered Number 04010990

Notes to the Abbreviated Accounts for the period ended 30 June 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the invoiced amounts of good sold and provided net of value added tax.

Tangible assets depreciation policy
Motor vehicles 25% of cost
Aircraft 10% of cost

2Tangible fixed assets

	£
Cost
At 1 July 2013	72,694
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2014	72,694
Depreciation
At 1 July 2013	52,466
Charge for the year	1,987
On disposals	-
At 30 June 2014	54,453
Net book values
At 30 June 2014	18,241
At 30 June 2013	20,228

3Creditors

	2014 £	2013 £
Secured Debts	53,093	50,863

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 ORDINARY shares of £1 each	2	2